Despite global financial headwinds and significant declines in the value of cryptocurrencies this year, emerging markets are adopting the technology at a rapid pace.
Despite global financial headwinds and significant declines in the value of cryptocurrencies this year, emerging markets are adopting the technology at a rapid pace.
Building on the e-commerce momentum from the Covid-19 pandemic, the “buy now, pay later” (BNPL) model is one of the fastest-growing segments in consumer finance, particularly in emerging markets.
With fossil fuels still powering roughly 99% of global shipping, the sector is seeking to reduce emissions through cleaner fuel sources – including methanol, ammonia and wind – that could soon see increased use.
The regulatory landscape for Gulf financial service providers is changing, with growing awareness of the need for banking institutions to adopt sustainable finance frameworks and responsible lending and operational practices in order to manage risk and attract international investment.
Government offices are open Sunday to Thursday, 7.00am to 2.00pm. The private sector follows the same work week and generally operates between the hours of 8.00am and 5.00pm, with a one-hour break for lunch. Retail establishments are typically open until 8.00pm, although opening hours are frequently extended to midnight on weekends...
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